COMPANY DESCRIPTION
About the Company
JERA Global Markets (JERAGM) is a leading utility-backed seaborne energy trader specialising in LNG, coal and freight. A joint venture between majority shareholder JERA Co., Inc. and EDF Trading, JERAGM's shareholders are among the world's major utilities.
JERAGM operates one of the largest energy portfolios in the world which gives it an in-depth understanding of the way local, regional and international energy markets behave. Its in-depth knowledge and market insights enable us to capture trading opportunities, optimise portfolios, create value and enhance security of supply for our customers.
Headquartered in Singapore, JERAGM has a global talent pool of close to 300 people across offices located in four strategic locations: Singapore, Japan (Tokyo), the UK (London) and the US (Baltimore).
JERAGM is strongly capitalised with over US$500 million in paid up capital and a total equity of US$4 billion. JERAGM has retained its A+ Stable rating from R&I, attributable to a robust business model and solid financial base.
DESIGNATION : Internal Control Manager, SG
RESPONSIBILITIES
Reporting to the Senior Manager, Internal Control, this role will assist the Senior Manager in overseeing control activities across European, US and Asian offices and ensuring that an appropriate, robust and practical control framework is in place in JERAGM.The primary responsibility of this role is to review processes and controls, identify any weakness in our controls framework and ensure appropriate mitigating controls are put in place.
This role is to work closely with both commercial and functional teams, to make recommendations, provide solutions to improve our controls and drive efficiency through continuous improvement.This role will also have responsibility for collating and reporting global Internal Control information that is required by both internal management and external stakeholders.
Main responsibilities:
Ensuring an appropriate and tailored IC framework is in place for the various business activities
Ensuring consistency of IC approach across the whole JERAGM (including its subsidiaries) where appropriate
Ensuring an optimised set of business process maps and documentations are in place to reflect the agreed framework
Coordinating and ensuring key JERAGM policies and procedures are updated annually
Providing internal control guidance and support to commercial and functional teams in managing operational risks
Leading the Operational Sign Off process for all new business activity/product, ensuring proper signed off by relevant functions and tracking action items
Leading the control gaps/incidents reviews, including root cause analysis, recommending mitigating controls, reporting and tracking the remediation actions to closure
Proactively identify control and process improvement initiatives and drive continuous improvement in the organization
Compiling and preparing relevant Internal Control metrics and KPI reports on a monthly and ad-hoc basis
Conducting process reviews (including sample testing) to ensure compliance of our key policies and procedures
Ensuring identified risks, breaches and incidents are timely reported to both internal and external stakeholders
Leading the annual risk matrix review, working with all risk owners to ensure all relevant risks and mitigating controls are captured
Providing support to significant system change initiatives and projects to ensure that sound controls are included at the design-phase
Providing assistance to the Internal and External Auditing teams and ensuring on time delivery of all audit actions
Acting as the key contact for and coordinating the J-Sox reporting
Involvement in ad hoc projects
Managing and guiding the team.
QUALIFICATIONS
Educated to the minimum of a degree level or equivalent professional qualification
Minimum of 15 years relevant industry experience in internal control, compliance, operational risk or internal audit
Experience in an energy/commodities trading environment, or related regulatory environment is preferred
Experience of control evaluation & design and maintenance of business processes in a fast-changing and significant regulatory environment
Experience of financial controls and assessment of risk within complex financial processes is highly desirable
Experience in IT technology controls will be advantageous
Experience in incident investigation and reporting
Experience in leading/managing a team is preferred
Competent in the full suite of MS Office packages specifically Word, Excel, Visio, PowerPoint and PowerBI applications.
Person Specifications:
Strong control mindset and excellent analytical skills
Self-starter, who can work with minimal supervision and a positive attitude
Ability to operate effectively in an unstructured environment, with multiple conflicting pressures
Hands-on and pragmatic approach is essential
Ability to effectively prioritize multiple projects and meet deadlines to produce high quality work in a very fast paced environment
Critical in a positive and constructive manner with a strong sense of organisational awareness
Strong influencing and stakeholder management skills
Willing to learn and take new challenges with an open mind
Strong team-player who is flexible, proactive and motivational
